Business Entities and Taxes with Tax Specialist, Christine Smith

Title

If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.

Title

If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.

Title

If you owe tax on income or gains, it’s important to let HMRC know about any unpaid tax as soon as possible. This blog article explains how to make a voluntary disclosure.

You can use the Digital Disclosure Service (DDS) to tell HMRC that you’ve not declared the right amount of tax on one or more of the following: Income Tax, Capital Gains Tax, National Insurance Contributions, or Corporation Tax. The DDS gives individuals and businesses the opportunity to bring up any unpaid tax in a simple, easy way.


Tax filing as a business owner can be complex, whether you're launching a new business or have years of experience. In this episode, Christine Smith- an IRS Enrolled Agent with a master’s degree in taxation and 28 years of experience- joins George to explore the different types of business entities and how they impact your taxes.  Tune in to gain valuable insights that can help you make smarter business decisions!

Get in touch with Christine:

christinelambertea@gmail.com 

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